Oxford Advanced Surfaces Share Discussion Threads

[michaelx105] 06/2/2015 14:59

Newsletter launched. Good.http://us9.campaign-archive1.com/?u=43c2fa0da0fcb582b0a1bef66&id=f5137f4445&e=d74b69d4c8

[rrr] 28/1/2015 11:25

I missed this at the time:

hxxp://www.oxfordsurfaces.com/content/press/press_archive/2015/190115.asp

[the_doctor] 08/12/2014 11:54

The trouble is, any application needs a) development funding and b) time

Even if a partner provides the funding, OXA still struggles with the time it'll take to commercialise and generate income.

One practical way out for OXA would be to prove up a sufficiently attractive concept upon which to raise a proper level of funding
Or a tech that can generate some form of upfront licensing fee.

IMO they spent too long on applications that havent come to fruition.
The ultimate outcome will either be
i) heavily dilutive fundraiser
ii) administration and shareholders losing out

[michaelx105] 08/12/2014 11:49

They're working with an ink company to develop something there ( same as Haydale ) maybe that's the way forward...

[esteban1] 28/11/2014 09:03

There is definitely more action here than there has been for quite a while......maybe someone bought a share....☺

[the_doctor] 21/11/2014 09:33

This is a rather sick company now unfortunately

They've got a technology that MIGHT be valuable in certain applications
Trouble is, they spent all of their money chasing applications that didnt generate returns.
The glasses one was bizarre (although I don't claim to understand the prospect there properly). I looked into it and couldnt work out how they'd make it commercial. Th reason being that for a pair of glasses, you can only add on a little bit for a 'nice to have' feature.

As a £3m market cap company, there's little they can do now. To get any applications furthered will take time, money and proper commitment from larger partners.
It's a shame really as I'm sure there's something this tech could be used

[michaelx105] 21/11/2014 08:58

60% spread! At this price I'd be tempted to average down but I need to see some encouraging news.

[pugugly] 05/10/2014 14:10

If MW tips and you are holding usually a very good selling opportunity to get out -

Certainly history (from memory) with OXA suggests this is true -

NB Sold OXA at 10p on 23rd August 2013 at 10p for a pofit. .

[the_doctor] 05/10/2014 13:52

'are his tips any good?'

LOL ;o)

[michaelx105] 03/10/2014 23:06

Don't know him, are his tips any good?

[shutittrev] 03/10/2014 21:09

Mike Walters tipped it.

[michaelx105] 03/10/2014 19:41

Some significant buys today, have we reached a level that people feel is a fair buy or did something happen?

[supernumerary] 29/8/2014 14:10

doc - if you think that throwing more money at companies like this would solve their problems, I think you need your head examined. The universal failing that I've seen is the quality of management - too many from academia learning on the job, or finance guys who are clueless about technology and what's needed to deliver it, or bright inventors who wouldn't know how to sell free ice to Arabs. Often compounded by quite astounding greed and disguised by duplicity. What the VC community in the States seems to me to bring to the party is some very hard-nosed mentoring. Here, they often get money but then have no real idea how to use it effectively.

But here they've clearly got a product problem. The chairman also runs a company dealing in specialist bonding agents, yet he hasn't managed to arrange a deal with OAS. Either he's completely useless or the products have no significant advantages over existing treatments. Or both, of course...

[the_doctor] 29/8/2014 12:36

These guys spent years flapping around with ideas that they hadn't properly thought about

The biggest warning to me was when a while back, the newly appointed young CEO declined to buy stock at what was a massive discount when an inst sold out.
He made the excuse of just having bought a house and having a young child. I understand that, but he had been promoted to a much higher wage and well, if he'd really believed in the company, he could've taken a loan out! Clearly he felt even 2p, 4p or whatever it was (when the share price was something like 15-20p) was still too much of a risk. I was fortunate and sold out at 23p

It's a shame as there's some exciting technology here, but as with companies like Vialogy, it can take too long to test and get partners in.
This is the downfall of the UK markets IMO
In the US, companies often raise much bigger slugs of cash, which allows them to properly accelerate development, prove things up and then take further.

[gwr7] 29/8/2014 10:38

The bit about delisting the so-called money spinner whilst retaining 75% is reminiscent of the actions of the similar rubbish Michael Walters tip - Vialogy. Is he advising on how to put these dogs down or something?
Seriously, a half year loss of over 500k on risible commercial revenue of 3k (not including grants) makes you wonder what this was doing as a public company in the first place other than to fund directors' and tipsters' lifestyles.
Why folk pay for other peoples' guesses is beyond me but that's the aim casino for you.

[supernumerary] 29/8/2014 10:33

Hi Pug - doesn't matter how you split it up - it sold 2 pots of paint, lost half a million quid, and can promise only that lots of people are looking at evaluation packs. Is that really worth £2M?

If it kept all the cash it might be, but that hardly seems likely, does it? Presumably most of the cash will stay with the plc, out of harm's way, ready for the management to siphon a goodly proportion into their own pockets, while the operating company slowly fades into nothing.

Pity, but looks like another one bites the dust to me.

[pugugly] 29/8/2014 07:43

Very down beat announcement - Sounds like "game over" to me but a minimum of hope left with the proposed restructure - At 50% of current (2p - 3p) might be gambling money - (imo etc)

[thepinkpig] 30/7/2014 12:43

She's looking fabulous!

HER - Herencia Resources PLC
This work has confirmed both outcropping and shallow copper mineralisation ideal for bringing an open pit into production at low capital and operating costs. In addition, it has identified key targets for potential future resource expansion adjacent to, at depth, and to the east of this high-grade area.

[the_doctor] 30/7/2014 12:33

No surprise there!

Hard to see how this company can do anything in the near-term

[rrr] 30/7/2014 11:47

I see that the statement on the AGM released on 14 July includes:

"The Chairman confirmed that the Company's recent commercial success of winning its first order, as announced on RNS REAC on 30 June 2014, whilst being an strong indicator of commercial traction and technology acceptance, will not have a material impact on revenues."

[michaelx105] 14/7/2014 14:50

Almost the full asking price being paid now. Hopefully this will start moving up again.

[supernumerary] 02/7/2014 13:35

Sounds like a 5 litre can to me - probably better off not knowing how much money changed hands.

Still nobody who knows why Hylomar isn't interested in Onto? I'd have thought nobody could buy these shares without having satisfied themselves about the answer to that question?

[michaelx105] 02/7/2014 12:17

Detail on the money would be most welcome.

[rrr] 30/6/2014 11:28

Yes indeed Michael, at long last a sale. No details of money involved but it's a start. May stimulate further interest.

"brush-coat product for adhesion promotion...... to improve bonding between a construction-based industrial coating and a high density polyethylene...... The treatment was applied to the substrate onsite and delivered markedly improved adhesion performance."

Sounds simple to use, almost as if done on a building site.

rrr